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![Dupont opposes incentive taxation. Washington, D.C., Dec. 1. Appearing before the Senate Finance Subcommittee investigating profit sharing systems, Lammont DuPont, President of the E.I. DuPont De Nemours Co., today declared his opposition to incentive taxation as an inducement of social management of industry. He said that by careful study he had not been able to discover any practical[?] method for the federal government to introduce any plan of rewards or penalties in the tax system which will promote the exercise of sound business judgment](https://cache.getarchive.net/Prod/thumb/cdn4/L3Bob3RvLzIwMTUvMTEvMjUvZHVwb250LW9wcG9zZXMtaW5jZW50aXZlLXRheGF0aW9uLXdhc2hpbmd0b24tZGMtZGVjLTEtYXBwZWFyaW5nLWJlZm9yZS10aGUtNjQwLmpwZw%3D%3D/40/31/webp "Dupont opposes incentive taxation. Washington, D.C., Dec. 1. Appearing before the Senate Finance Subcommittee investigating profit sharing systems, Lammont DuPont, President of the E.I. DuPont De Nemours Co., today declared his opposition to incentive taxation as an inducement of social management of industry. He said that by careful study he had not been able to discover any practical[?] method for the federal government to introduce any plan of rewards or penalties in the tax system which will promote the exercise of sound business judgment")
New York Board of Trade says 'nonsense' to charges on capital strike. Washington, D.C., June 3. M.L. Seidman, Chairman of the New York Board of Trade Tax Committee suggested a 10 point tax program to the House Ways and Means Committee. He brought out that business would lose its fear of striking out for recovery if it knew in advance where Congress would place taxes. He said that removal of numerous taxes and replacement of that federal income by broadening of the income tax base might be a solution. Said he, ' We hear it said that capital is on strike. But, that is sheer nonsense. What we lack is a willingness to run the risk of employment against too many odds'
Summary
A black and white photo of a man in a suit, Library of Congress Harris and Ewing collection
Title from unverified caption data received with the Harris & Ewing Collection.
Gift; Harris & Ewing, Inc. 1955.
General information about the Harris & Ewing Collection is available at http://hdl.loc.gov/loc.pnp/pp.hec
Temp. note: Batch five.
The Harris & Ewing, Inc. Collection of photographic negatives includes glass and film negatives taken by Harris & Ewing, Inc., which provide excellent coverage of Washington people, events, and architecture, during the period 1905-1945. Harris & Ewing, Inc., gave its collection of negatives to the Library in 1955. The Library retained about 50,000 news photographs and 20,000 studio portraits of notable people. Approximately 28,000 negatives have been processed and are available online. (About 42,000 negatives still need to be indexed.)
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